Severn Trent Plc (LON:SVT)’s share price traded up 0% on Wednesday . The company traded as high as GBX 1,873.50 ($26.27) and last traded at GBX 1,870.50 ($26.23). 1,336,734 shares traded hands during trading, an increase of 48% from the average session volume of 901,946 shares. The stock had previously closed at GBX 1,870.50 ($26.23).
A number of equities analysts have weighed in on the company. Deutsche Bank reduced their price objective on Severn Trent from GBX 2,250 ($31.55) to GBX 2,200 ($30.85) and set a “hold” rating for the company in a research note on Wednesday, December 6th. Barclays reiterated an “equal weight” rating on shares of Severn Trent in a research note on Tuesday, November 14th. JPMorgan Chase & Co. reduced their price objective on Severn Trent from GBX 2,500 ($35.05) to GBX 2,250 ($31.55) and set a “neutral” rating for the company in a research note on Thursday, December 7th. Goldman Sachs Group began coverage on Severn Trent in a research note on Friday, January 26th. They set a “sell” rating and a GBX 1,881 ($26.37) price objective for the company. Finally, upgraded Severn Trent to a “buy” rating and lifted their price target for the company from GBX 2,160 ($30.29) to GBX 2,300 ($32.25) in a research note on Monday, November 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. Severn Trent currently has a consensus rating of “Hold” and a consensus target price of GBX 2,332.33 ($32.70).
The stock has a market cap of $4,370.00 and a P/E ratio of 1,476.42.
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Severn Trent Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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